Abune Aregawi Orthodox Tewahedo Church

Analysis

Abune Aregawi Orthodox Tewahedo Church is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abune Aregawi Orthodox Tewahedo Church reported income of $356k and spending of $284k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $469k to $356k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abune Aregawi Orthodox Tewahedo Church sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Crete Collective ($356k), Kingdom Acts Ministries International ($356k) and Rocky Mountain Police Chaplains ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (30% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.